Comments for SPLS - Stockpickr! Your Source for Stock Ideas

Comments for SPLS

Added By	Comments	Type	Date Added
barrons3	Stock buybacks, another type of investor reward, also are at an all-time low since S&P started keeping tabs on them in 1998's first quarter. For the second quarter this year (the most recent data available), S&P 500 companies spent only $24.2 billion to repurchase their shares, down 72% from $87.9 billion in April-June 2008, and an 86% drop from the record $172 billion spent on buybacks during 2007's third quarter. "At the height of the buyback bonanza," said Silverblatt, "companies spent 180% more on stock repurchases than they did on dividends. Now buyback spending is just half that of dividends." On the bright side, several big companies continued repurchasing their shares. ExxonMobil (XOM) spent the most, $5.2 billion. Wal-Mart (WMT) was second, dishing out $1.9 billion. Other notables were Family Dollar Stores (FDO), Staples (SPLS) and Medco Health Solutions (MHS).	Love	October 10, 2009
barrons3	Now capitalism gets frustrated by the endless private-equity firms that keep trying to catch falling knives, from Linens & Things to the Office Depot (ODP) fiasco, where a private-equity firm put in $350 million to keep the chain alive. That's not good news for Office Max (OMX) or Staples (SPLS).	Love	July 30, 2009
dmccallian	Think ODP it class of the field.	Hate	June 26, 2009
Stockpickr Staff	"I see this group moving, but I still like best of breed Staples (SPLS)" (<a href="http://www.thestreet.com/story/10491721/1/mad-money-lightning-round-buy-general-dynamics.html" target="_blank">"Mad Money Lightning Round," 4-24-09</a>)	Love	April 27, 2009
barrons3	Underperform - Price 18.51 on Jan. 13 by Friedman, Billings, Ramsey Target: 14. Our Underperform case is that SPLS's core business is highly exposed to small-business trends and general business trends. This points to deeper-than-2001 recessionary trends. A more recent small-business data point: Wal-Mart 's Sam's Club division December sales missed expectations at a 0.1% comp; and WMT reported pressures amongst small-business customers, where negative office-supply sales at Sam's decelerated sequentially from November to December. SPLS generates roughly 47% of its total pro forma sales from small-business customers (likely 70% of total profits, as they are the highest-profit-margin customers). SPLS has reiterated $300 million in merger synergies from its August. 2008 acquisition of Corporate Express (CXP). We contend that it overpaid at 10.3 times the then [long-term] Ebitda. Net EPS accretion in 2009E [looks] marginal, at best -- not nearly enough to offset the softness in the core businesses of both. The Street expects SPLS to revisit peak EPS of $1.42 in 2009E, which looks far-fetched, given the environment. We reiterate our Underperform, with the stock at 14.9 times our below-consensus 2009E EPS estimate of $1.24. Market cap: $12.9 billion.	Love	January 17, 2009
barrons3	Staples (SPLS) also seems too high to me. If you are buying Staples, it is because you think the others in the category are going under. This is not a Circuit City situation.	Love	September 25, 2008
barrons2	The office supply retail chain was among the most active names on the Nasdaq Tuesday.	Love	August 19, 2008
godzilla74	They are the best office supply company in the world!	Love	May 23, 2008
barrons2	Staples, Katz argues, is the "best-in-its- class office superstore" and is navigating the economic slowdown better than Office Max (OMX) or Office Depot. The fund manager believes that Staples will earn $1.69 in 2009, versus an expected $1.52 this year. Staples is trying to buy Amsterdam-based Corporate Express. If the deal bears fruit, it would add to Staples' global reach and could help its stock, recently at 22, climb to 31 in a year, he says.	Love	May 10, 2008
High Dividends	14%	Love	March 09, 2008
barrons2	ON FEB. 18, this column said that Staples' (SPLS) probably would boost its dividend on March 4. The world's No. 1 office-supply outfit complied, hiking its quarterly to 33 cents a share from 29 cents. But whereas previous boosts had been at least 25% each year since dividends were initiated in 2004, this one was just 13.7%. The company said it became cautious after a sales slowdown that apparently bottomed out in December, followed by slight improvement in January.	Love	March 08, 2008
barrons2	The company (ticker: SPLS), which created the office superstore more than two decades ago, is No. 1 in office products around the world. It's also the top pick in that sector of Brad Thomas, Lehman Brothers' specialty-stores analyst. In a research note last Wednesday, Thomas wrote that he expects Staples will raise its annual dividend two weeks from now when it reports fourth-fiscal- quarter (ended Jan. 31) profits. The company has done just that each year by a minimum of 25% since initiating disbursements in 2004. Staples' current annual dividend is 29 cents a share. Quoted recently at 22, the stock yields 1.33%. The 52-week high and low: 27.66 and 19.69. Staples has some $1.25 billion remaining under its stock-buyback authorization.	Love	February 16, 2008
barrons2	Cramer couldn't get behind all of Magellan's names, however. "The one that is the true glass-half-full for him and half-empty for me is Staples (SPLS). I just don't like retail at all."	Love	January 17, 2008
sth828	work	Love	December 04, 2007
TinleyPerks.com	Staples is the rival competition of the fictitious Dunder-Mifflin which is often the example of the "Big Box" stores that have ran out the small independent paper supply companies. The show even went as far to have Dwight quit DM and work at the retail chain. Staples was a huge promotional partner in the beginning of the show.	Love	November 30, 2007
drbradadams	Solid business retailer with new growth opportunities in online services	Love	November 23, 2007
henry guthrie	business week/marcial	Love	November 23, 2007
willsail4free	At much lower p/e ratio than competetors and has a much better store	Love	November 21, 2007
aba zaba	staples	Love	November 01, 2007
thomas renna	8/28/07 $23.01	Love	September 27, 2007
rahul9	Recommended by broker	Love	September 08, 2007
mymacretirement	Staples, Inc. invented the office superstore concept in 1986 and today is the world's largest office products company.	Love	August 31, 2007
megaroof	low.	Love	August 27, 2007
duckswin	need	Love	July 17, 2007
sarah z	Staples recently announced a $1.5 billion dollar buyback which replaces its prior plan. "We see significant opportunities for growth," said Ron Sargent, Staples chairman and CEO in a statement. "Our strong balance sheet gives us the flexibility to fund our strategic initiatives and, at the same time, continue to return excess cash to shareholders." The stock trades for 8x cash flow.	Love	June 20, 2007
kjcyr	good chart	Love	June 05, 2007
DiSk822	Staples.	Love	May 03, 2007
jasbcor	Cramer thought it was a good idea...pfft.	Hate	March 26, 2007
DALECYOUNG	DIVERSIFICATION	Love	March 22, 2007
Robert Schiefer	current employee, stock option participant	Love	March 19, 2007